Flagstar Bancorp (FBC) 8-K/A Changes in Registrant's Certifying Accountant

'BAKER TILLY Baker Tilly Virchow Krause, LLP One Towne Sq, Ste 600 Southfield, MI 48076-3710 United States of America March 19, 2015 T: + I 248 372 7300 F: + I 248 368 8950 bakertilly.com Securities and Exchange Commission 100 F Street, N.E. Washington, DC 20549 Commissioners: We have read the statements made by Flagstar Bancorp, Inc. (copy attached), which we understand will be filed with the Securities and Exchange Commission, pursuant to Item 4.01 of Form 8-KlA, as part of the Form 8-KlA of Flagstar Bancorp, Inc. dated March 19, 2015. We agree with the statements concerning our Firm in such Form 8-KlA. We have no basis to agree or disagree with the disclosures in the fourth paragraph. Sincerely, .-:;:) -- ~ ,: k ... _ I .. 1--t?\ Baker Tilly Virchow Krause, 1l:~ The information provided here is of a general nature and is not intended to address the specific circumstances of any individual or entity. In specific circumstances, the services of a professional should be sought. Tax information, if any, contained in this communication was not intended or written to be used by any person for the purpose of avoiding penalties, nor should such information be construed as an opinion upon which any person may rely. An independent member of Baker Tilly International